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European shares edge lower amid coronavirus uncertainty

Published 10/02/2020, 09:14
Updated 10/02/2020, 09:19
© Reuters.  European shares edge lower amid coronavirus uncertainty
DE40
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STOXX
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SXTP
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(For a live blog on European stocks, type LIVE/ in an Eikon

news window)

Feb 10 (Reuters) - European shares inched lower on Monday as

concerns over the economic impact of the coronavirus outbreak

weighed on sentiment, while markets also came off a rally from

last week.

The pan-European STOXX 600 index .STOXX fell 0.3% by 0803

GMT, with the travel and leisure sector .SXTP the biggest

decliner.

While Chinese businesses resumed work after an extended

holiday, with authorities lifting some virus-related

restrictions, a spike in the death toll to more than 900 kept

overall sentiment jittery. The STOXX 600 had marked its best week in three months on

strength in bank shares after a swathe of strong fourth-quarter

earnings.

Stocks in Germany .GDAXI , Europe's largest economy, fell

0.2% on weakness in resource-related stocks.

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